News & Events

The U.S. and Swiss governments have reportedly reached a deal in the on-going UBS litigation saga.  The governments are expected to finalize the details and for the district court of Friday, August 7.  However, sources close to the negotiations say the details of the settlement are unlikely to be released to the public the same day. 

There is no question ethics controversy is on the rise.  While the Internal Revenue Service has stepped up its enforcement activities across the board, the Service’s Office of Professional Responsibility (“OPR” or the “Office”) has dramatically increased its presence and has become a focal point of attention by the tax practitioner community.

"The Swiss legal system is maintained, because the U.S. have promised to act on the basis of the current agreements and to ask for legal assistance again,"

Hundreds of wealthy Americans are revealing they have offshore bank accounts as the U.S. and Swiss bank UBS AG negotiate to resolve a lawsuit seeking the identities…

Hundreds of wealthy Americans are revealing they have offshore bank accounts as the U.S. and Swiss bank UBS AG negotiate to resolve a lawsuit seeking the identities…